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corporate law


RBI to put in place new system for settlement of bond trade

The Reserve Bank will soon put in place a mechanism to facilitate settlement of trading in corproate and other bonds through a clearing house, a move that will infuse transparency and encourage development ofbond market, SEBI Chairman C B Bhave said on Thursday...

Posted in news |   168 Views


SEBI TO ISSUE NORMS FOR FOREIGN CORPORATES

SEBI will shortly issue guidelines for overseas investors, seeking to register as a sub-account under the foreign corporate category, two people familiar with the development told ET. Sub-account includes those foreign corporates, foreign individuals and institutions, funds or portfolios, established or inc..

Posted in news |   170 Views


'Cos listing debt need to offer security cover'

 Now, if a company wants to list its debt instruments on a stock exchange to facilitate their tradings, it will have to maintain assets to the tune of the total value of the listed instruments to provide 100% security cover, said Sebi on Monday in its guidelines..

Posted in news |   192 Views


Change in RoC E-forms

 In exercise of the powers conferred by sub-section (1) of section 642 read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules to amend the Companies (Ce..

Posted in news |   324 Views


SEPARATE AUDIT NORMS FOR INSURERS

 The accounting regulator the Institute of Chartered Accountants of India (ICAI) has constituted an expert group to suggest sector-specific accounting norms for insurance companies. The move aims at ensuring that financial statements o..

Posted in news |   171 Views


RBI SHOULD COME OUT WITH NORMS FOR VERIFYING BANK A/CS: SFIO

 The Serious Fraud Investigation Office in its report on the Satyam fraud has suggested that the RBI should come out with definite guidelines for banks to issue balance confirmation certificates (BCC), to help auditors verify company accounts. &quo..

Posted in news |   267 Views


Job Opening for Law officer at Tanzania

We are a very seasoned recruitment consultancy company based in Hyderabad. India.  We are in this line of business for the last 15+ years. With a strong data base and resources of candidates and a panel of highly experienced HR professionals in relevant fields, we are assisting various companies in their recruitment process. Our client is one of the leading legal firm at Tanzania l..

Posted in news |   340 Views


Sebi seeks public opinion on primary market rules

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Posted in news |   168 Views


No policy can be issued from future date without consent: SC

The Supreme Court has ruled that an insurance company cannot issue a policy from a future date without the consent of the insured. "The insurance company cannot issue a policy unilaterally from a future date without the consent of the holder of a policy. A policy, however, which is issued from a future..

Posted in news |   439 Views


E-PAYMENT SOLUTION FOR EXCISE

 The Central Board of Excise and Customs (CBDT) asked traders to take to the e-payment solution launched by it. In order to expand the facility to more areas the board was in the process of connecting all its offices through WAN. Addressing the inaugural of a two-day workshop on e-payment and automatio..

Posted in news |   285 Views


RBI SEEKS REVIEW OF LENDING NORMS FOR SMALL UNITS

 The Reserve Bank of India (RBI) has asked banks to review their existing policies for lending to micro and small enterprises (MSEs) and frame norms for restructuring sick units that are potentially viable. RBI also said that banks should frame policies on extension of credit facilities and non-discret..

Posted in news |   252 Views


Controversy about word shop referred to larger bench of SC

The two-judge bench of the Supreme Court has referred to a l..

Posted in news |   397 Views


PVT BANKS' FDI ISSUE IN THE COURT OF FINMIN, RBI

PVT BANKS' FDI ISSUE IN THE COURT OF FINMIN, ..

Posted in news |   220 Views


ICAI quizzes accounting companies on foreign tie-ups

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Posted in news |   314 Views


PVT BANKS MAY BE EXEMPTED FROM NEW FDI GUIDELINES

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Posted in news |   218 Views


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